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Looking at the article, it implies that Instant Pots were good quality so people didn’t need to buy replacements, so the private equity firm couldn’t leverage more sales.
If I needed one would I buy a Kenwood Chef or a Magimix if either company filed for bankruptcy? I probably would.
Though maybe from a retailer with a good warranty process.
I also wouldn't get an InstantPot at the moment since the parent company has filled for bankruptcy after being brought by private equity
https://www.bonappetit.com/story/instant-pot-bankrupt